Petronet LNG net profit rises 15.8% to Rs 437.58 crore in Q1

Petronet LNG posted 15.8 per cent rise in net profit for the quarter ended June 30.

For the quarter under review, the company reported a standalone net profit of Rs 437.58 crore compared with Rs. 377.86 crore in the same period last year.

Total standalone revenue for the quarter came in at Rs 6435.11 crore, up 25.96 per cent YoY from Rs 5108.95 crore in the year-ago quarter.

Income from operations stood at Rs 6435.11 crore, up 20.57 percent compared to the income of year-ago quarter of Rs 5337.31 crore.

Petronet LNG reported an operating profit of Rs 641.54 crore for the quarter ended June compared with Rs 561.88 crore a year earlier.